"Indian Economy in a Digital World" is designed to provide learners with a comprehensive understanding of the intersection between the Indian economy and the transformative impact of digital technologies. In an era of technological advancements reshaping economic landscapes, this course offers insights into how India navigates this digital revolution and its implications for economic growth, sectors, and policies. Learners will get insights into how disruptive technologies enable new business models, change policy dynamics, and influence socio-economic development in India.
After completing this course, a learner will be able to:
• Examine the historical evolution of India’s economy from its Independence to the digital age
• Analyze the impact of digital technologies and platforms on key sectors of the Indian economy
• Analyze the Digital India Program and its components
• Examine the role of foundational digital public infrastructure in enabling innovation, efficiency, and transparency
• Understand the competitive nature of market economy driven by digital platforms
• Synthesize interdisciplinary perspectives from economics, technology, skill development, public policy, business strategy, and data ethics around the digital economy.
"Indian Economy in a Digital World" is designed to provide learners with a comprehensive understanding of the intersection between the Indian economy and the transformative impact of digital technologies. In an era of technological advancements reshaping economic landscapes, this course offers insights into how India navigates this digital revolution and its implications for economic growth, sectors, and policies. Learners will get insights into how disruptive technologies enable new business models, change policy dynamics, and influence socio-economic development in India. In this module, we will briefly look at the historical aspects of India’s economy and its progression from the time of independence to the current times. We will also explore how the dynamics of several industries have shaped the economy driven by changing policies and world order. We will also delve into the agriculture and services sector, and the challenges faced by the Indian economy.
What's included
7 videos4 readings3 assignments
Show info about module content
7 videos•Total 66 minutes
Indian Economy over the Decades•7 minutes
India vs. Global Economy•11 minutes
Market Size•11 minutes
Recent Developments•11 minutes
Features of the Indian Economy•7 minutes
Agriculture and Services Sector in India•10 minutes
Challenges Faced by Indian Economy: Structural•9 minutes
4 readings•Total 35 minutes
Meet Your Instructor - Prof. Ram B. Ramachandran•5 minutes
Course Structure & Syllabus•10 minutes
Recommended References•10 minutes
Recommended References•10 minutes
3 assignments•Total 50 minutes
Quiz - 1•10 minutes
Quiz - 2•10 minutes
Graded Assessment - 1 •30 minutes
Digital Economy: Key Concepts and Determinants
Module 2•2 hours to complete
Module details
This module will cover the basic components of the digital economy from a people, process, and technology perspective. The importance of e-commerce and online platforms and their impact on the regulatory structure and labor market will also be explored. The module will explore the evolution of digital payments and the impact it had on the economy.
What's included
8 videos1 reading3 assignments
Show info about module content
8 videos•Total 53 minutes
Introduction to the Digital Economy•6 minutes
Core Components of Digital Economy•7 minutes
E-Commerce and Online Business Models•6 minutes
Digital Payment Systems and Fintech•7 minutes
Impact on Employment and Labor Markets•6 minutes
Digital Inclusion and Socio-Economic Development•7 minutes
Regulatory and Ethical Considerations•7 minutes
Global Example Case Study - Estonia•7 minutes
1 reading•Total 10 minutes
Recommended References•10 minutes
3 assignments•Total 50 minutes
Quiz - 1•10 minutes
Quiz - 2•10 minutes
Graded Assessment - 2•30 minutes
Digital India: Background and Program
Module 3•2 hours to complete
Module details
In this module, we will explore the motivations and genesis of the Digital India program. We will examine the evolution of digital infrastructure, connectivity, and governance aspects in the manufacturing and financial services industry. Digital India has had an impact on the global payments industry. We will understand the current perspectives on the Digital India program.
What's included
9 videos1 reading3 assignments
Show info about module content
9 videos•Total 59 minutes
Introduction to Digital India•6 minutes
Pillars of Digital India•5 minutes
Digital Infrastructure and Connectivity•9 minutes
e-Governance and Service Delivery•5 minutes
Electronics Manufacturing and Innovation•7 minutes
Key Digital India Initiatives •6 minutes
India Stack Introduction •6 minutes
Digital India and Global Impact•8 minutes
Impact on Financial Inclusion •7 minutes
1 reading•Total 10 minutes
Recommended References•10 minutes
3 assignments•Total 50 minutes
Quiz - 1•10 minutes
Quiz - 2•10 minutes
Graded Assessment - 3•30 minutes
Digital Public Infrastructure
Module 4•2 hours to complete
Module details
In the digital age, public infrastructure is no longer confined to physical roads, bridges, and utilities. The virtual space has become pivotal in connecting citizens, delivering services, and driving the modern economy. As this digital transformation ensues, nations grapple with how to construct resilient, efficient, and equitable digital public infrastructure. We will explore the digital public infrastructure's emerging landscape and how it shapes governance and public service delivery. Learn the conceptual foundations and real-world case studies related to developing inclusive, secure, and ethical public digital infrastructure.
What's included
6 videos1 reading2 assignments
Show info about module content
6 videos•Total 43 minutes
Definition and Characteristics of Digital Public Goods and Digital Public Infrastructure•7 minutes
Infrastructure as a Strategic Asset for Growth and Governance•7 minutes
Architectural principles - Open Standards, Interoperability, Presence-less Platforms•7 minutes
Digital identity and Authentication Systems - Aadhaar, eKYC•7 minutes
Payment Systems - UPI, FASTag, BBPS•7 minutes
Data Empowerment - DigiLocker, Open Data Initiatives•8 minutes
1 reading•Total 10 minutes
Recommended References•10 minutes
2 assignments•Total 45 minutes
Quiz - 1•15 minutes
Graded Assessment - 4•30 minutes
Platform Economics and Competitive Dynamics
Module 5•2 hours to complete
Module details
Platforms play significant roles in economic growth by facilitating connections, fostering innovation, increasing efficiency, and promoting access to resources. Platforms can contribute to economic growth by lowering barriers to entry, promoting competition, and creating new business models and job opportunities. In this module, we will look at the different platforms and how they impact the demand and supply side of commerce, the role of Artificial Intelligence, and review real-life case studies.
What's included
8 videos2 readings3 assignments
Show info about module content
8 videos•Total 51 minutes
Definition and types of digital business models•7 minutes
Demand and Supply-side Economies•5 minutes
Understanding Platforms•5 minutes
Platform Differentiation•9 minutes
Strategies for Platform Differentiation and Disruption Resistance•5 minutes
Case Study Examples (Uber vs. Ola and Flipkart vs. Amazon)•6 minutes
Competitive Leverage of Data •6 minutes
Competitive Leverage of Artificial Intelligence•7 minutes
2 readings•Total 20 minutes
Recommended References•10 minutes
Recommended References•10 minutes
3 assignments•Total 50 minutes
Quiz - 1•10 minutes
Quiz - 2•10 minutes
Graded Assessment - 5•30 minutes
Future of India's Digital Economy
Module 6•2 hours to complete
Module details
India's digital economy is experiencing a phenomenal rise, and experts predict continued exponential growth in the coming years. A joint report by Google, Temasek, and Bain & Company estimates that the Indian digital economy will reach a staggering $1 trillion by 2030, signifying a six-fold increase from its current valuation. This will have a broad-based impact in internet and e-commerce penetration. Emerging Technologies like Artificial Intelligence, Blockchain and Internet of Things is likely to become more mainstream impacting employment opportunities in the knowledge economy, improving financial inclusion, and fostering innovation and entrepreneurship. Challenges due to cybersecurity, data privacy and skill development will require robust policy initiatives and implementation.
What's included
8 videos3 readings3 assignments
Show info about module content
8 videos•Total 48 minutes
Strategic Technologies like AI, Robotics, Blockchain, IoT, Drones - Economic and Social Impact•6 minutes
Prospects and Readiness for 5G/6G, Renewable Energy, e-mobility, and Smart Cities•4 minutes
Adapting Labor Markets, Education, and Skills for the Future of Work•6 minutes
Global Best Practices for Inclusive and Sustainable Digital Growth•6 minutes
Policies for the Digital Economy•6 minutes
Regulations for the Digital Economy•6 minutes
Digital Data Protection and Privacy•8 minutes
Forecast of India's Economic Future - Towards Vikshit Bharat 2047•6 minutes
O.P. Jindal Global University is recognised as an Institution of Eminence by the Ministry of Education, Government of India. It is also ranked the No. 1 Private University in India in the QS World University Rankings 2021. The university has 9000+ students across 12 schools that offer 52 degree programs. The university maintains a 1:9 faculty-student ratio.
It is a research-intensive university, deeply committed to institutional values of interdisciplinary and innovative learning, pluralism and rigorous scholarship, globalism, and international engagement.
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Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.